Saw a theory somewhere that, instead of raising the minimum wage, a policy that enables and incentivizes job hopping is what actually works for increasing the median wage level. The inverse implication of the theory is also interesting: any policy that makes job hopping harder than staying would suppress the wage level.

NC teacher salaries are terrible on their own but they are also outpaced by inflation.

The new budget just got approved. Last year a teacher with 15 years of experience made $58,270 and this year they will make $62,500 so right around an 8% bump but the prior two years was only a ~$1000 bump each.

So 2023 -> 2026 $56,250 -> $62,500 was roughly 12% increase in pay but adjusted for inflation $62500 in 2026 is ~$57,220 in 2023 so not even an actual raise of $1000 in buying power.

> A huge chunk of the people who's wages beat inflation only did so due to job hopping

so job hop

the market is trying to tell you something

That is completely expected. If you don’t shop around, why would you get the best price?

[dead]